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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.81-4.1%Nov 17 3:59 PM EST
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To: marginmike who wrote (21538)1/18/1999 9:40:00 PM
From: Ibexx  Read Replies (2) of 152472
 
marginmike,

QCOM's options are very expensive due to the stock's volatility (Black Scholes equation), it was usually more profitable for me to short the puts if you bet on an uptrend in the intermediate or long-term.

I would sell the Feb 65c on Tuesday before closing.

Ibexx

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